985 US Highway 202 N - Storefront FOR SALE


Somerville, NJ 08876
$995,000 USD
908-342-4662
985 US Highway 202 N, Somerville, NJ for Sale
$995,000 USD
Storefront - FOR SALE
1/2
null | Request Cap Rate

NEW


985 US Highway 202 N
Somerville, NJ 08876


HIGHLIGHTS

  • Heavy Traffic area
  • two street
  • Corener lot

OVERVIEW

Prime Retail Opportunity in Branchburg, NJ 985 US Highway 202 N, BRANCHBURG NJ 08876-3734 offers an exceptional commercial investment at a highly visible and accessible location. Built in 1950, this 2,900 sq. ft. retail property sits on a corner lot at the busy intersection of US Highway 202 and Van Dyke Rd, providing excellent exposure and dual street access. In Branchburg, NJ, the R/S-2 zoning district is designed to accommodate a variety of commercial and community-oriented uses. Principal permitted uses include retail sales and personal services, lumber and building materials, heating and plumbing equipment, restaurants (conventional and take-out), business and professional offices, funeral parlors, clothing rental, furniture repair, motels and hotels, regulated agricultural uses, community residences for the developmentally disabled, domestic violence shelters with fewer than six occupants, and child care centers. Accessory uses that are customarily incidental to a permitted use are also allowed. Certain uses, such as automobile service stations, institutional facilities, public garages, and governmental or public utility facilities, are permitted conditionally under specific regulations. For detailed information on permitted uses, building requirements, and other regulations specific to the R/S-2 zone, it's advisable to consult the Township's Land Development Ordinance or contact the Land Use & Planning Department directly. This property is ideal for businesses looking to capitalize on high traffic and a strong local customer base. The corner location and two points of access make it convenient for both customers and deliveries, maximizing operational efficiency. This property presents a rare opportunity for owner-occupiers or investors seeking a prime retail location in a thriving commercial corridor of Somerville.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$343 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,984 SF

ZONING

RS2

APN/PARCEL ID

05-00053-0000-00004

ASK ABOUT THIS PROPERTY

Varinder Singh SandhuColdwell Banker RealtyMore Info
908-342-4662

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Varinder Singh SandhuColdwell Banker RealtyMore Info
908-342-4662

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.